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MGIC Investment (MTG)
NYSE:MTG
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MTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.68 - $26.56
Previous Close$23.32
Volume5.68M
Average Volume (3M)1.47M
Market Cap
$5.91B
Enterprise Value$6.55B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$644.30M
Price to Earnings (P/E)8.2
Beta0.74
Next Earnings
Jan 29, 2025EPS Estimate
$0.67Last Dividend Ex-Date
Nov 07, 2024Dividend Yield2.1%
Share Statistics
EPS (TTM)2.83
Shares Outstanding253,365,363
10 Day Avg. Volume6,397,164
30 Day Avg. Volume1,466,964
Standard Deviation0.10
R-Squared0.46
Alpha0.00208
Financial Highlights & Ratios
Price to Book (P/B)1.13
Price to Sales (P/S)4.96
Price to Cash Flow (P/CF)8.10
P/FCF Ratio7.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.51
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$25.33Price Target Upside7.06% Upside
Rating ConsensusHold
Number of Analyst Covering4
MGIC Investment News
PremiumCompany Announcements
MGIC Investment Corp Reports Strong Q3 Earnings
Ownership Overview
1.23% Insiders
35.04% Mutual Funds
16.18% Other Institutional Investors
12.28% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MTG FAQ
What was MGIC Investment’s price range in the past 12 months?
MGIC Investment lowest stock price was $18.68 and its highest was $26.56 in the past 12 months.
What is MGIC Investment’s market cap?
Currently, no data Available
When is MGIC Investment’s upcoming earnings report date?
MGIC Investment’s upcoming earnings report date is Jan 29, 2025 which is in 39 days.
How were MGIC Investment’s earnings last quarter?
MGIC Investment released its earnings results on Nov 04, 2024. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.664 by $0.106.
Is MGIC Investment overvalued?
According to Wall Street analysts MGIC Investment’s price is currently Undervalued.
Does MGIC Investment pay dividends?
MGIC Investment pays a Quarterly dividend of $0.129 which represents an annual dividend yield of 2.1%. See more information on MGIC Investment dividends here
What is MGIC Investment’s EPS estimate?
MGIC Investment’s EPS estimate is $0.67.
How many shares outstanding does MGIC Investment have?
MGIC Investment has 253,365,360 shares outstanding.
What happened to MGIC Investment’s price movement after its last earnings report?
MGIC Investment reported an EPS of $0.77 in its last earnings report, beating expectations of $0.664. Following the earnings report the stock price went up 1.368%.
Which hedge fund is a major shareholder of MGIC Investment?
Among the largest hedge funds holding MGIC Investment’s share is First Eagle Investment Management LLC. It holds MGIC Investment’s shares valued at 19M.
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MGIC Investment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$25.33 (7.06% Upside)
$25.33 (7.06% Upside)
Blogger Sentiment
Bullish
MTG Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.36%
12-Months-Change
Fundamentals
Return on Equity
15.03%
Trailing 12-Months
Asset Growth
5.42%
Trailing 12-Months
Company Description
MGIC Investment
MGIC Investment Corp. is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. It also provides lenders with underwriting and other services and products related to home mortgage lending through its subsidiaries, such as Mortgage Guaranty Insurance Corp. and MGIC Indemnity Corp. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.
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MTG Company Deck
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MTG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, effective capital management, and positive credit performance, with some challenges anticipated from persistency fluctuations and potential hurricane impacts. Market share growth and a robust reinsurance strategy further bolstered the positive outlook.Read More>---
MTG Stock 12 Month Forecast
Average Price Target
$25.33
▲(7.06% Upside)
Technical Analysis
Best Analysts Covering MTG
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+31.44%
downgraded a sell rating 13 days ago
Copying Mihir Bhatia's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +31.44% per trade.
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